The New York Times has published a bombshell report about a new complaint filed against Boeing by a senior engineer, alleging the aircraft maker concentrated on prioritizing profits over the safety of the 737 Max airliner. The Times learned about the new development from a source who requested anonymity, said the Boeing engineer filed the […]
Peter Navarro Addresses World Trade Organization Settlement Between U.S. and EU..
White House assistant for trade and manufacturing Peter Navarro discusses the WTO ruling, the market drop and the USMCA.
Massive $7.5 Billion U.S. Award from WTO in Airbus Subsidy Case – Sets Stage for Countervailing Duties Against EU…
Jumpin’ ju-ju bones – The Trump administration via U.S. Trade Rep Robert Lighthizer and Commerce Secretary Wilbur Ross won a massive $7.5 billion award as an outcome of the World Trade Organization agreeing with the U.S. against the EU and Airbus subsidies. The WTO arbitrators decision is final and cannot be appealed. This win sets […]
The 4-Second Catastrophe: How Boeing Doomed the 737 MAX…
Almost as soon as the wheels of Ethiopian Airlines Flight 302 spun free from the runway March 10, the instruments in front of Capt. Yared Getachew went haywire. The digital displays for altitude, airspeed and other basic information showed dramatically different readings from those in front of his co-pilot. The controls in Capt. Getachew’s hands […]
How Boeing’s 737 MAX System Gained Power and Lost Safeguards…
Early in the development of the 737 MAX, engineers gathered at Boeing’s transonic wind tunnel in Seattle to test the jet’s aerodynamics using a scale model with a wingspan comparable to that of an eagle. The testing in 2012, with air flow approaching the speed of sound, allowed engineers to analyze how the airplane’s aerodynamics […]
400+ 737 MAX Pilots Sue Boeing Over ‘Unprecedented cover-up’ That Led to Crashes and Grounding…
Boeing CEO Admits “Mistakes” Were Made Before 2 Crashes Killed 346 People…
Speaking on the eve of the Paris airshow, Boeing CEO, Dennis Muilenburg, admitted to reporters that the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before two crashes of the top-selling plane killed 346 people, and he promised transparency as the U.S. aircraft maker tries to get […]
Dow Dives Over 600 Points Amid U.S.-China Trade Tiff…
U.S. stocks tumbled on Monday with the Dow Jones Industrial Average falling 617 points recovering from a loss of over 700 points early afternoon as trade tensions and rhetoric between the U.S. and China escalate. The Dow and the S&P 500 lost over 2 percent, marking the worst start to May since 1970. The Nasdaq […]
All 2,493 U.S. Products Targeted by China’s New 25% Tariffs…
China’s latest tariff retaliation, announced today, will hit some $60 billion in US exports, including hundreds of agricultural, mining, and manufactured products, threatening jobs and profits at companies around the United States. Before the trade war starts in earnest, China bought about 17% of US agricultural exports and was a major market for other goods, […]
Boeing Didn’t Tell Airlines That Safety Alert Didn’t Work…
Boeing said Sunday that it discovered after airlines had been flying its 737 Max plane for several months that a safety alert in the cockpit was not working as intended, yet it did not disclose that fact to airlines or federal regulators until after one of the planes crashed. The feature was designed to warn […]